Rossell Techsys Ltd., a leader in aerospace and defence solutions, is on a strategic growth trajectory as it positions itself for expansion into new sectors and geographies. Known for its expertise in designing, developing, and manufacturing high-performance assemblies and systems integration, the company is now setting its sights on the rapidly growing space and energy industries. With a deep commitment to research and development (R&D) and innovation, the company is ready to capitalize on emerging opportunities that will drive its success in the coming years.
Expanding Beyond Aerospace and Defence
While aerospace and defence remain central to its operations, it is diversifying into new sectors such as space and energy. “The space sector is an exciting frontier for us,” says Rishab Gupta, Managing Director of Rossell Techsys. “With satellite systems and space technologies gaining global traction, we see significant opportunities for growth and innovation in this field.”
In addition to space, the company is expanding into the energy sector, where it is focusing on sustainable technologies. This shift aligns with global trends towards renewable energy, and the company is leveraging its precision-engineered components to support this transition. “By diversifying our portfolio, we ensure long-term growth and resilience in a changing global market,” Gupta adds.
Aerospace and Defence: Preparing for Transformative Growth
The global aerospace and defence market is poised for substantial growth, with forecasts indicating a market value of $1.23 trillion by 2028. India’s defence market is also on the rise, expected to grow from USD 17.4 billion in 2024 to USD 23.05 billion by 2029.
“We are focused on increasing our contribution to aircraft components, aiming to grow from 7% to 15% of the total components in an aircraft,” says Gupta. “To achieve this, we are investing in advanced capabilities like electromechanical system integration, and we are also exploring the Maintenance, Repair, and Overhaul (MRO) sector to further enhance our value proposition.”
According to him the company’s strategy is closely aligned with India’s “Make in India” and “Atmanirbhar Bharat” initiatives, which focus on reducing the country’s reliance on foreign defence imports. “While our company has historically focused on exports, we are expanding our presence in India as part of our long-term strategy,” Gupta explains. “The quality of products made in India has improved significantly, and we are excited to be part of this transformation.”
Investing in Research and Development
R&D is a cornerstone of the company. Over the last two years, the company has committed 3-4% of its revenue to R&D, fuelling innovations in automation and advanced manufacturing processes. “We continuously invest in R&D to stay at the forefront of technological advancements,” says Gupta. “This is crucial as we look to scale up production and meet future demands.”
In response to this growth, it is expanding its facilities, with plans to increase its manufacturing space from 225,000 sq. ft. to 450,000 sq. ft. by FY25. “We are transitioning from a single-shift to a two-shift operation to optimize production efficiency and meet growing demand,” Gupta adds. These infrastructure upgrades reflect the company’s commitment to staying agile and cost-effective as it scales.
Building Strong Global Partnerships
It has built a robust international presence, partnering with global OEMs like Boeing, Lockheed Martin, and Honeywell. The company’s reputation for quality has earned it numerous accolades, including being named Boeing Supplier of the Year twice. “Our partnerships with leading global companies are critical to our success,” says Gupta. “They not only enhance our technical capabilities but also help us expand our footprint in new markets.”
The company’s expansion strategy includes increasing its presence in Europe, Israel, and other high-growth regions. “We are actively pursuing partnerships with companies in Europe and Israel, further expanding our footprint and contributing to global defence capabilities,” Gupta notes.
AERO India 2025: Focusing on Long-Term Strategy
While AERO India has traditionally been a platform for Rossell Techsys to showcase its innovations, the company has made the strategic decision not to participate in the forthcoming Aero-India 2025. “This decision allows us to focus on other initiatives that align more closely with our long-term growth objectives,” Gupta explains. “We will continue to push the boundaries of innovation and seek new opportunities for collaboration with our industry peers.”
Policy Support and Self-Reliance in Defence
Recent policy decisions, such as the GST exemption on Long-Range Surface-to-Air Missiles (LR-SAM), are expected to further boost India’s defence sector. “The GST exemption for LR-SAM is a positive step towards greater self-reliance in defence,” Gupta says. “Such policy support will enable companies like Rossell Techsys to contribute more effectively to India’s defence capabilities, positioning the country as a stronger player in the global defence market.”
Preparing for 2025 and Beyond
Looking ahead to 2025, the company is well-positioned for continued growth. The company’s focus remains on expanding its footprint in aerospace, space, and energy markets while continuing to invest in innovation and operational excellence. “We are focused on meeting the future needs of our customers and remaining at the forefront of technology,” Gupta concludes. “With strategic investments in R&D, enhanced manufacturing capabilities, and global partnerships, the company is poised for sustained growth in the years ahead.”